CRF Solutions vs. Oracle Textura Payment Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
CRF Solutions
Score 0.0 out of 10
N/A
Continental Recovery Services, DBA CRF Solutions was founded in 1991 and is a provider of Collection Services for the Commercial Credit Industry. They offer services like Small Claims Administration, early placement programs as well as their National Construction Notice Management Service.N/A
Oracle Textura Payment Management
Score 9.5 out of 10
N/A
A construction payment management application that helps general contractors, owners, and subcontractors simplify and automate the draw process. Reduces risk by securely managing lien waivers and compliance. Increases visibility to downstream payments to minimize the risk of disruption and ensure the entire supply chain is paid on time for work completed.N/A
Pricing
CRF SolutionsOracle Textura Payment Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
CRF SolutionsOracle Textura Payment Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Features
CRF SolutionsOracle Textura Payment Management
Accounts Receivable
Comparison of Accounts Receivable features of Product A and Product B
CRF Solutions
-
Ratings
Oracle Textura Payment Management
9.8
1 Ratings
0% below category average
Invoice Control00 Ratings10.01 Ratings
Payment Tracking00 Ratings9.01 Ratings
Automatic Reminders00 Ratings10.01 Ratings
Payment Reconciliation00 Ratings10.01 Ratings
Dispute Resolution00 Ratings10.01 Ratings
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CRF SolutionsOracle Textura Payment Management
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User Ratings
CRF SolutionsOracle Textura Payment Management
Likelihood to Recommend
-
(0 ratings)
10.0
(1 ratings)
Usability
-
(0 ratings)
10.0
(1 ratings)
User Testimonials
CRF SolutionsOracle Textura Payment Management
Likelihood to Recommend
CRF Solutions
No answers on this topic
Oracle
For a GC that wants to make things easier for both the themselves and all subs, this is absolutely the best solution out there. Some GCs still approve changes using purchase orders rather than change orders and allow invoicing to occur at any time during the month However, they should change their process to align with Oracle Textura Payment Management's draws. Without a draw process and confirmed invoice submission along with ACH payments, we have had invoices lost, payments lost, and time lost from having to track all of it. I can't think of a reason it would not be appropriate.
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Pros
CRF Solutions
No answers on this topic
Oracle
  • AIA Billing
  • ACH Payments
  • SOV Management
  • Communications
  • User Management
  • Compliance Holds
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Cons
CRF Solutions
No answers on this topic
Oracle
  • Task Management needs a "Mark all as Read" or similar function. They pile up per job and are only able to be completed using certain links and processes.
  • Payment Notification emails should include payment details including amount(s), joint check info, and check numbers.
  • Projects should be able to be removed or archived by the subcontractor. We have jobs showing on our home page that are 3+ years since completion.
  • Retention billing is very confusing and should be communicated more clearly. There should also be a button that allows for all retention to be billed at once rather than having to type in the amount per line item.
  • Sub-Tiers should not be a menu to click through if there are no sub-tiers for a sub.
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Usability
CRF Solutions
No answers on this topic
Oracle
Although there are minor improvements to be made, Oracle Textura Payment Management is far and away the easiest payment solution out there for any invoicing procedure that requires monthly draws.
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Alternatives Considered
CRF Solutions
No answers on this topic
Oracle
Oracle Textura Payment Management is better and more refined than similar products. Procore has a ton of other useful features and GCPay is straightforward with a simple UI. Like most things in tech, it comes down to user base and Oracle Textura Payment Management has the most jobs of ours using it meaning it has the biggest positive impact on our business.
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Return on Investment
CRF Solutions
No answers on this topic
Oracle
  • Oracle Textura Payment Management has dramatically improved our AR process (when the GC uses it). We wish that every job used it so we wouldn't have to deal with the dozens of builder-specific invoicing processes each month. Before Oracle Textura Payment Management, each builder had specific process we had to follow in order to get paid. After GCs started to use it, we have been able to consolidate multiple clients and jobs into a single easy-to-learn and easy-to-teach process that allows us to submit invoices easily and track when we are going to get paid.
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ScreenShots